Date
Details
Price
Change
Source
3/13/2026
Listed
$449,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/27
$449,900 Contingent
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Property Description
Spacious and versatile multi-unit property located on extra wide city lot in the desirable Belmont Cragin neighborhood, offering an excellent opportunity for owner-occupants or investors. The first units feature 2 bedrooms / 1 full bath and 1 bedroom / 1 full bath, with ample living areas and functional layouts. The second floor unit offers 3 bedrooms and 1 full bath, providing generous living space and flexibility. The third floor offers 2 bedrooms and 1 full bath with bright and spacious open floor plan. Detached 2.5 car garage with space for potential parking next to garage. This property presents a unique opportunity to live in one unit while generating rental income from the others, or to operate as a long-term investment in a strong rental area (current rents are under market and need adjustment). Conveniently located near public transportation / walk to Metra and buses, Target store, Starbucks, parks, schools, grocery store, shopping, and neighborhood amenities. Shows well and offers excellent long-term potential in a central Chicago location. Two tenants have occupied long term (28+ years). Seller prefers to sell in "as is" condition.
Full Property Details
Full Property Details for 2724 N Melvina Ave
General
- Price: $449,900
- Taxes: $8,579 (2024)
- Status: Contingent
- Type: Multi-Family
- Source: MRED
- MLS ID: 12591453
- Updated: 3/20/2026
- Added to Site: 21 day(s) ago
Rental Information
- Complex Features: Park, Pool, Tennis Court(s), Sidewalks, Street Lights
Interior
- Basement: Crawl Spac
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Belmont Cragin
- County: Cook
- Township: Jefferson
- Driving Directions: 5 blocks East of Narragansett and 4 blocks West of Austin Ave. 1/2 block South of Diversey Ave.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Radiator(s)
Utilities
- Sewer: Other
- Water: Lake Michigan
Structural Information
- Architectural Info: American 4-Sq.
- Architectural Style: American Foursquare
- Construction: Aluminum Siding, Brick, Frame
- Exterior Const.: Aluminum Siding, Brick, Frame
- Basement: Yes
- Basement Desc.: Crawl Space
- Foundation: Brick/Mortar, Concrete Perimeter
- Roof: Asphalt
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Oversized Chicago Lot
- Lot Dimensions: 40 x 125
- Lot Features: Dimensions to Center of Road
Financial Considerations
- Tax Amount: $8,579.87
- Tax Year: 2024
- Pays Sewer: Other
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13293030240000
Listed by Circle One Realty
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Listing agent
— 2724 N Melvina Ave —
Circle One Realty
(630) 862-5181
NMLS#: 1598647
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Schools
Schools serving 2724 N Melvina Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Lyon Elementary School, Chicago, IL 2941 North McVicker Avenue, Chicago, IL 60634 | K-8 | 0.4 mi |
Steinmetz Academic Centre High School 3030 North Mobile Avenue, Chicago, IL 60634 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2724 N Melvina Ave
Tax History
Tax History for 2724 N Melvina Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,153
3%
$23,000
—
2022
$4,027
2%
$23,000
—
2021
$3,955
-31%
$23,000
-20%
2020
$5,752
-5%
$28,922
-14%
2019
$6,068
2%
$33,631
—
2018
$5,965
-10%
$33,631
-1%
2017
$6,606
4%
$34,063
—
2016
$6,322
10%
$34,063
—
2015
$5,761
2%
$34,063
3%
2014
$5,660
2%
$33,073
—
2013
$5,537
1%
$33,073
—
2012
$5,487
—
$33,073
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2724 N Melvina Ave
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 1Total Bath
- 1,008Sq. Ft.
Listed by Lisa Clemente (708) 268-8641
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,096Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 5Beds
- 2Total Baths
- 1,066Sq. Ft.
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- Single Family
- Closed
- Updated 12 hours ago
- 5Beds
- 2Total Baths
- 1,394Sq. Ft.
2724 N Melvina Avenue, Chicago, IL 60639 (MLS# 12591453) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 2724 N Melvina Avenue is currently listed for $449,900 and was received on March 13, 2026. Want to learn more about 2724 N Melvina Avenue? Do you have questions about finding other Multi-Family real estate for sale in Belmont Cragin? You can browse all Belmont Cragin real estate or contact a Coldwell Banker agent to request more information.